Naked shorting destroys companies, jobs and assets. The regulators are well aware of the problem and yet they do nothing. The SEC passed Regulation SHO pretending to do something about it. All they had to do was enforce the laws that have been in existance since the 1930's. The SEC is even grandfathering the crooks and the stolen money. Chairman Cox sits on his hands and does nothing. It is estimated that thousands of companies have been destroyed by this. An estimated trillion dollars have been stolen. Where are the cops? Congress has ignored this problem even though their constituents constantly batter them with requests for action. Senator Shelby has refused to hold meetings on this subject. Is he on the take? Is he a puppet for the security firms?
2006-06-22
11:17:18
·
6 answers
·
asked by
mdm_defarge
1